This guy is mixing inflaiton adjusted curves and non-inflation adjusted curves.
I completely disagree with the chart where he has a big yellow bar that indicates the remaining bubble to deflate to get us back to 1996 (or 1994 or 1989) prices.
He’s completely ignored inflation in that chart.
Consider that due to inflation it requires about $140 today to equate to $100 in 1994.
If he did this analysis on a High School Economics project he would receive an F.
